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    hip zips

    These 2 Houston ZIP codes rank among the most gentrified in the nation

    Steven Devadanam
    Mar 28, 2018 | 5:25 pm
    East Downtown Houston EaDo
    This Houston neighborhood ranks as the third most gentrified in the U.S.
    Photo courtesy of Greenwood King

    As Houston further develops into a world-class city, and its communities thrive and propagate at record pace, there’s a word that goes hand-in-hand with the boom: gentrification.

    The influx of highly educated, well-heeled residents into traditionally more humble communities is nothing new. Just last year, talk in Houston centered around gentrification, and how to create revitalization, not displacement. Now, a national study names two Houston ZIP codes in the top 20 most gentrified since the turn of the century.

    The ZIP codes of 77003 (East Downtown) and 77007 (primarily Rice Military, Memorial Heights, and parts of Washington Corridor) rank Nos. 3 and 19, respectively, in a survey conducted by RentCafe.

    In a dramatic display of demographic shift, the report states that in 2000, the number of residents with a bachelor degree or higher in 77003 was 425. As of 2016, that number jumped to 2,308 — a 442.6 percent rise. In 2000, the median home price was $62,554; in 2016, the average home was valued at $240,317 — a price jump of 284 percent.

    Meanwhile, though 77007 ranked No. 19 in overall gentrification metrics, it stands out as the only ZIP code in the top 20 with a median household income above $100,000 per year. Analysts noted that what landed the area on this list is the fact that just a decade and a half ago, the median income of the area was less than half of the current sum. In 2000, the average median income in 77007 was $55,483, while in 2016, the average income jumped to $118,601 — a 114 percent increase. The 77007 ZIP code has seen a 107 percent home value change between 2000 and 2016 and a 188 percent increase in higher education.

    Josie Lin, a Houston realtor who deals heavily in both areas, isn’t surprised by the report. “EaDo — 77003 — connects to downtown, the Medical Center, and the Ship Channel, and the light rail is close by, so it’s perfect for students and young and established professionals.” Lin calls 77003 a “good buying and renting opportunity,” and notes that the only negatives are that the area is different “block by block” and “there is still a concern about crime.”

    Not so with 77007, says Lin. “That area is a different clientele — more mature professionals and quite a few ex-pats who prefer being close to Memorial Park.” Lin notes that there is “no way to stop the appreciation in 77007. The rent is higher — almost twice of what you see in EaDo. You get a bit of the suburbs and urban living. It’s a very neighborhood feel.”

    Rent Cafe’s analysts took to the 2000 Census and the 2016 American Community Survey and looked at the changes that took place over a decade-and-a-half in 11,000 U.S. ZIP codes. The study ranked them on all three scales and created an average ranking to determine which areas experienced gentrification from 2000 to 2016. Only those that had more than 2000 occupied housing units in the year 2000 as well as in 2016 were included.

    Houston isn't the only Texas city to land on the list. The RentCafe report ranks Fort Worth's 76102 ZIP code (downtown) as No. 6 on the list, with a 323 percent increase in home value, 103 percent increase in household income, and 122 percent increase in higher education.

    East Austin's 78702 ZIP code ranks No. 13. It has seen a 212 percent increase in home value, 47 percent increase in household income, and 201 percent increase in higher education.

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    news/real-estate

    Post Oak property redeveloped

    Renovated Galleria development will add 'greatest neighborhood restaurant'

    Eric Sandler
    Jun 4, 2025 | 1:08 pm
    Central Park Post Oak redevelopment rendering
    Courtesy of Midway
    The complex will add two new buildings.

    A Galleria-area office complex has announced a comprehensive series of renovations and upgrades designed to make it one of the area’s premier mixed-use destinations. Renovations are currently underway at the Post Oak Central development, which will now be known as Central Park Post Oak.

    Located at 2000 Post Oak Boulevard between Westheimer and San Felipe, Central Park Post Oak is a 17-acre parcel that consists of three high-rise office buildings with a combined 1.2 million square feet of office separated by an expansive lawn. Houston-based real estate development firm Midway, working with real estate investment firms 3Edgewood and Parkway, plans to replace that lawn with two new retail buildings and a greenspace. The changes are partially inspired by the Post Oak Boulevard redevelopment project that added more than 1,000 trees, wider sidewalks, and dedicated bus lanes to the bustling thoroughfare.

    "Our vision is to create a dynamic, walkable urban destination that honors the Boulevard’s rich history while meeting the evolving needs of Houston's Uptown District. We are crafting a lifestyle for those who work, shop, and dine here," Midway executive vice president Clayton Freels said in a statement.

    One anchor of the new retail component will be the first Houston location of The Henry, a restaurant that will occupy a newly-constructed, 7,000-square-foot, jewel box space. Part of Fox Restaurant Concepts (North Italia, Flower Child), The Henry is described as “the greatest neighborhood restaurant.” It’s open for weekday breakfast, weekend brunch, lunch, and dinner with an eclectic menu that includes sandwiches, salads, sushi, steak, seafood, and more.

    Other changes to the property include the addition of on-street parking, upgrades to the complex’s parking garages, and more new retailers and restaurants that will be announced in the coming months. The project began construction in April with plans to finish by fall 2026.

    In addition, Midway announced that TDECU will occupy 125,000 square feet in Central Park One and BBVA has leased a floor (20,000 square feet) in Central Park Two.

    Central Park Post Oak redevelopment rendering
      

    Courtesy of Midway

    The complex will add two new buildings.

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